Monero XMR/USD is trading at 88. Cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Monero. Ichimoku Kinko Hyo Cloud near the 89 level is expected to test near the level of 89, from which we expect a rebound and the continued fall of the cryptocurrency with a target close to level 80.
Monero prediction & analysis XMR/USD on October 27, 2017
Earlier, we received a weak signal for buy of the Monero cryptocurrency, by crossing the signal lines at level 85. Canceling the variant of the Monero there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 91, which indicates a change in the bearish trend in favor of the bullish. Expect to accelerate the fall in quotations XMR/USD is worth a breakdown of the area 83.
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